Kimberly-Clark posts FY net income of USD 2.5 billion, up 44 percent

Reuters12-04 19:07
Kimberly-Clark posts FY net income of USD 2.5 billion, up 44 percent

Kimberly-Clark reported full year (FY) financial results with income from continuing operations at USD 1.5 billion, down 13.1%. Net income attributable to shareholders reached USD 1.8 billion, reflecting an 8.8% decrease. Diluted earnings per share from continuing operations for FY were USD 4.31, declining 11.9%. Diluted earnings per share from discontinued operations were USD 0.90, up 8.4%. The company's gross profit for the year totaled USD 6.4 billion. The effective tax rate for the period was 21.4%, a slight increase of 0.8 percentage points compared to the prior year.

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